Hurco Companies, Inc. (HURC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+24.7%

$27.30

vs $21.89 price

Levered DCF

$12.96

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

3.43

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-7.67×	-8.21×	29.85×	18.67×	32.88×	-31.74×	13.54×	12.69×
P/B	0.58×	0.66×	0.58×	0.68×	0.92×	0.86×	0.98×	1.22×
P/S	0.65×	0.73×	0.57×	0.61×	0.93×	1.17×	0.89×	0.91×
EV / EBITDA	-8.43×	-19.98×	8.94×	6.14×	10.18×	-24.88×	6.57×	5.43×
Gross margin	18.5%	20.2%	24.7%	25.7%	23.9%	21.4%	29.3%	30.5%
Operating margin	-5.8%	-4.4%	2.9%	5.1%	4.4%	-5.8%	8.6%	11.2%
Net margin	-8.5%	-8.9%	1.9%	3.3%	2.9%	-3.7%	6.6%	7.1%
Current ratio	4.33×	4.78×	4.52×	3.66×	3.57×	4.98×	4.79×	3.24×
Debt / equity	0.06×	0.06×	0.05×	0.04×	0.05×	0.05×	0×	0.01×
Interest coverage	-115.37×	-14.34×	23.46×	472.11×	427×	-104.91×	363.55×	337.96×
Dividend yield	0.0%	1.5%	3.2%	2.6%	1.7%	1.7%	1.4%	1.1%
Payout ratio	0.0%	-12.6%	94.4%	47.7%	54.3%	-54.7%	18.3%	13.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-7.6%	-8.0%	2.0%	3.7%	2.8%	-2.7%	7.3%	9.6%
Return on invested capital	-4.9%	-3.7%	1.8%	3.7%	2.7%	-2.3%	6.9%	9.7%
Return on assets	-5.7%	-6.2%	1.5%	2.7%	2.0%	-2.1%	5.8%	6.8%
Free cash flow yield	14.4%	-2.8%	-11.8%	-4.0%	13.6%	4.7%	-4.8%	5.5%
Earnings yield	-13.0%	-12.2%	3.4%	5.4%	3.1%	-3.1%	7.4%	7.9%
Enterprise value	$79.1M	$114.7M	$99.5M	$97.2M	$146M	$153.3M	$178.2M	$197.2M
Net debt / EBITDA	3.92×	3.77×	-2.74×	-3.48×	-5.09×	7.42×	-2.1×	-2.09×
Cash conversion cycle (days)	350	386	337	282	269	392	285	206